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2025-04-30 09:59:00 -

Grab raises full year earnings forecast as it announces 1Q results
Southeast Asia’s super app Grab Holdings Ltd announced Wednesday it is raising the company’s full year adjusted earnings before interest, taxes, depreciation, and amortisation (EBIDA) after the Singapore-headquartered company achieved another quarter of record revenues. “We continued to drive profitable growth across the business, with Grab achieving another quarter of...

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2025-02-05 08:07:06 -

Indonesia’s Alpha JWC Ventures: 2025 provides opportunity for startups to build resilience & refine strategies [Q&A]
As the year of 2024 comes to an end, we sought insights from prominent figures across the Southeast Asian tech landscape. These leaders reflected on their triumphs throughout the year, sharing valuable perspectives on their achievements and the challenges they overcame. Furthermore, they unveiled their ambitious aspirations, meticulously outlined their strategic plans for 2025, and offered...

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2025-05-05 14:51:07 -

Malaysia’s Krenovator secures seed funding to enhance AI-powered tech talent platform
Krenovator Technology Sdn. Bhd., a Malaysia-based artificial intelligence (AI)-powered tech talent platform, announced Monday that it has secured seed funding from Ignite Asia, a venture capital and private equity principals firm in Singapore and Malaysia. The amount of the funding remains undisclosed, and the round was officially closed in early 2025, Krenovator said in a statement. The...

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2025-05-03 11:45:09 -

Maybank positive on Grab after management lifts its guidance
Maybank Investment Bank said on Thursday that it was positively surprised by the lift in Grab’s guidance as tariff uncertainty has raised the risk of macro and forex volatility. The research house said in a note that Grab raised its adjusted earnings before Interest, taxes, depreciation, and amortization (EBITDA) guidance from $440 million to $470 million to $460 million to $480 million....

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2025-05-13 16:48:59 -

Partners Group to acquire Singapore-based data center platform Digital Halo as it plans $400M pan-Asian expansion
Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire Digital Halo Pte. Ltd. from its existing shareholders, including ARCH Capital. Partners Group said in a statement on Tuesday that Digital Halo is a Singapore headquartered data center operator focused on Southeast and North Asia, and Partners Group plans to...

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